The Economics of a Small VC Fund
This is going to be BIG.
MAY 12, 2014
management fee. Most larger funds have a fee around 2%, but when you''re this small, you need a little bit extra to keep the lights on. It''s only a little bit of a performance drag, though, because management fees act like a loan. Legal is lumpy. Here''s how it plays out: I have a 2.5% That''s a big help.
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